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Comment: There's a hidden gem there though that as far as I know, no one

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There's a hidden gem there though that as far as I know, no one

is exploiting properly.

Namely, since both are legal tender for face value (FRNs and American Eagles, as well as all older coins) then the reverse is possible.

One can deal entirely in silver and gold, keeping their books accordingly, and then pay taxes (if any because of the likely unmet thresholds) in FRNs which are severely devalued.

Some people have tried something similar but they made the mistake of using two sets of books. NEVER do this. Use only one - the silver/gold set. That way, you can't be accused of fraud. You are using a single standard at all times. Not one when it makes your assets look larger and another when it short changes the government by making your assets look smaller.

And the beauty of it, the IRS can't do anything about it. It is perfectly legal.

You can set up a business to sell goods or services, charging a certain price face value if paid in silver or gold coin, keep your books accordingly, and then if you incur any tax liability, pay that debt in devalued FRNs. They have to accept them. AND as long as your prices are set, they have to allow you to accept silver and gold at face value and book it accordingly. They can't make you take the coins for more than face value or book them at a higher value. They are only legal tender for face. It would be illegal to do otherwise.

The only stickler MIGHT be if you also accept FRNs. You may or may not be able to institute a surcharge, or accept them at a discount. You might have to take them at face as well, or perhaps you might be able to refuse to accept them entirely. Remember, legal tender hinges on the word "tender" which means to proffer as payment. It means it is legal for someone to try to pay you in those means, but there is no requirement that you accept it. You can demand payment in some other form if you wish.